6. Apply for Approval of the Name of Company

Before commencing the incorporation of a company, the directors of the company must acquire a Director Identification Number and the proposed name must be approved by the Registrar of Companies in Ministry of Corporate Affairs.

Apply for Approval of the Name of Company

Apply for the name of the company to be registered by filing eForm-1A. This form requires a Digital Signature of one of the Promoters.

Few Important details to be mentioned in this form are:

a) Authorized capital for the proposed company

b) Main objectives of the proposed company

c) State (location) of the proposed company

d) Copy of trademark application/certificate (if applicable)

e) In case, there is a logo associated with trademark then image of logo

f) Balance sheet (if applicable) and Income tax returns for last 2 years

If, the Registrar of Companies (Ministry of Corporate Affairs) approves the proposed name, a letter stating the acceptance of the proposed name is issued. If name is rejected then candidate has to reapply for the approval of name of the company.

Processing time: Within 7 working days after submission

Important Note : After the name approval the applicant can apply for registration of the new company by filing the required forms (that is Form 1, 18 and 32) within 60 days of name approval else, the applicant will have to reapply for name of the company.